I tried to buy OR at 0.68 but did not get it. Is tomorrow the OR still in the list ?
TMI/Axiata, Trading opportunities
|
|
 Apr 21 2009, 08:13 PM
|
 
All Stars
17,876 posts Joined: Jan 2005   
|
|
Quote|
|
|
|
|
Apr 21 2009, 09:41 PM
|
Junior Member
28 posts Joined: Mar 2009
|
QUOTE(Freelancer @ Apr 21 2009, 07:44 PM) Rose indeed. Managed to unload all mine @ 1.970 today.. so fast?? this stock got potential worr    |
|
|
Apr 21 2009, 09:43 PM
|
|
All Stars
17,876 posts Joined: Jan 2005
|
QUOTE(kimmel @ Apr 21 2009, 09:41 PM) so fast?? this stock got potential worr Short term investor. Making 10% profit is good enough. |
|
|
Apr 22 2009, 07:00 AM
|
Validating
2,073 posts Joined: Sep 2007 From: last visited
|
QUOTE(whizzer @ Apr 17 2009, 02:56 PM) Let me try #1 (if i m wrong.. someone pls correct me  )The price of RM1.12 is only exclusively available to existing share holders. Its a 4:5 rights issue, meaning that for every 4 existing shares of AXIATA, you are entitled to purchase 5 new shares at special price of RM1.12. This is also a "renouncible" rights issue which means that if you don't want to buy the share, you can sale the rights to someone else. The value of this rights is OR price, ie. 0.65. Analogy :- At the supermarket, you buy 4 bars of soap @ 2.61. However, the supermarket have special "offer" and gives you five special coupon (the OR) which enable you to redeem 5 extra bars of soap @ special price RM1.12. However, you may decide that you have too many bars of soap already. So you sell the coupon (OR) to your friend. You may discover that at this juncture, all of sudden the price of soap drops drastically (chiefly because now we have too many bars of soap in the market ). So now soap sells for RM1.83 each. The question you ask yourself is how much should you sell the coupon to your friend. If you sell coupon at 0.65cts, then when he goes to supermarket, he buys the soap at RM1.12. So his cost = cost of coupon (Rm0.65) + cost soap @ special price (RM1.12) = RM1.72.Compare this if he goes to buy the soap without the coupon, i.e. RM1.83. Added on April 17, 2009, 3:10 pm Again not necessarily so. It depends on your timing on acquiring. If AXIATA price drops & you bought the OR on the high side, you will be paying more then if you get the AXIATA share outright. e.g. if you bought OR at 0.65 & suddenly the price of AXIATA drops to 1.70. Then in this case, you are paying RM0.65 + RM1.12 = RM1.77 per share. Additional 0.07cts more expensive.  good explaination 100% +1%  |
|
|
Apr 22 2009, 10:05 AM
|
Senior Member
943 posts Joined: Mar 2009
|
QUOTE(! Love Money @ Apr 22 2009, 07:00 AM) good explaination 100% +1%  |
|
|
Apr 22 2009, 10:17 AM
|
|
Senior Member
678 posts Joined: Jan 2003
|
QUOTE(kb2005 @ Apr 21 2009, 09:43 PM) Short term investor. Making 10% profit is good enough. unloading at 1.97 was good, but today is better This post has been edited by taikin: Apr 22 2009, 10:22 AM |
|
|
|
|
|
Apr 22 2009, 11:30 AM
|
|
All Stars
17,876 posts Joined: Jan 2005
|
QUOTE(taikin @ Apr 22 2009, 10:17 AM) unloading at 1.97 was good, but today is better Yeap! Today better. Already 2.04 now. |
|
|
Apr 22 2009, 11:35 AM
|
|
Senior Member
943 posts Joined: Mar 2009
|
QUOTE(kb2005 @ Apr 22 2009, 11:30 AM) Yeap! Today better. Already 2.04 now. Queuing to exit @ 2.09  |
|
|
Apr 22 2009, 11:39 AM
|
|
All Stars
17,876 posts Joined: Jan 2005
|
QUOTE(whizzer @ Apr 22 2009, 11:35 AM) Queuing to exit @ 2.09 That will give you 10% profit ? |
|
|
Apr 22 2009, 11:45 AM
|
|
Senior Member
943 posts Joined: Mar 2009
|
QUOTE(kb2005 @ Apr 22 2009, 11:39 AM) That will give you 10% profit ? 14% or so but looking at it 2.09 seems a bit optimistic unless there's some more late rally in the afternoon. |
|
|
Apr 22 2009, 11:11 PM
|
|
All Stars
52,874 posts Joined: Jan 2003
|
It closed at 1.98 today.
|
|
|
Apr 22 2009, 11:42 PM
|
|
Junior Member
56 posts Joined: Apr 2008
|
sorry, noob here
yesterday i bought the OR @ 0.68, where and how to buy the axiata @ 1.12 ? thanks ~ This post has been edited by salvationme: Apr 22 2009, 11:49 PM |
|
|
Apr 22 2009, 11:59 PM
|
|
All Stars
17,876 posts Joined: Jan 2005
|
QUOTE(salvationme @ Apr 22 2009, 11:42 PM) sorry, noob here You bought online or through remisier ?yesterday i bought the OR @ 0.68, where and how to buy the axiata @ 1.12 ? thanks ~ |
|
|
|
|
|
Apr 23 2009, 07:41 AM
|
|
Junior Member
56 posts Joined: Apr 2008
|
i bought online thru pbebank
|
|
|
Apr 23 2009, 08:45 AM
|
|
All Stars
17,876 posts Joined: Jan 2005
|
QUOTE(salvationme @ Apr 23 2009, 07:41 AM) i bought online thru pbebank Okay. Then your dealer will call you to make sure you have enough money in your trading account. What you need to do is to add in RM1.12 per OR in your account. You dealer will do everything for you. |
|
|
Apr 23 2009, 05:16 PM
|
|
Senior Member
678 posts Joined: Jan 2003
|
gogo axiata!
|
|
|
Apr 23 2009, 05:24 PM
|
|
All Stars
17,876 posts Joined: Jan 2005
|
Bought AXIATA at 1.99.
Hope to see it go up in the next few days. |
|
|
Apr 23 2009, 05:45 PM
|
|
Junior Member
56 posts Joined: Apr 2008
|
i just know today is the last day for axiata-or. i have just top-up acc.
when will they process it ? This post has been edited by salvationme: Apr 23 2009, 07:45 PM |
|
|
Apr 23 2009, 05:56 PM
|
|
Senior Member
943 posts Joined: Mar 2009
|
I just received the rights printout from Maybank through snail mail. It says to respond by 21 April. This is very late one. Anyway, do I need to sign & send back to them ka? I have confirm via phone already. Also I have top up my share account with the required amount.
|
|
|
Apr 23 2009, 08:59 PM
|
|
All Stars
17,876 posts Joined: Jan 2005
|
QUOTE(salvationme @ Apr 23 2009, 05:45 PM) i just know today is the last day for axiata-or. i have just top-up acc. Normally it will take two weeks. when will they process it ? |
| Change to: |  0.0166sec
 0.42
 6 queries
 GZIP Disabled
Time is now: 24th December 2025 - 02:43 AM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.